掌阅科技第三季度营业收入9.36亿元，同比增长60.96%

Core Insights - The core viewpoint of the article highlights the significant revenue growth of Zhangyue Technology in Q3 2025, alongside a substantial net profit loss, indicating a mixed financial performance driven by strategic business developments in short dramas [1] Financial Performance - The company's Q3 2025 revenue reached 936 million yuan, marking a year-on-year increase of 60.96% [1] - The net profit attributable to shareholders was -56.5172 million yuan, reflecting a year-on-year decrease of 619.61% [1] Business Strategy - Zhangyue Technology is focusing on the development of short dramas and has established a dual-driven model for domestic expansion and overseas breakthroughs [1] - The company is leveraging artificial intelligence to create a fully integrated intelligent production and operation system, significantly increasing production capacity and driving rapid revenue growth [1] - Despite the narrowing of losses in the current quarter, the ongoing investments in domestic and international short drama development are expected to temporarily impact overall profitability [1] Future Outlook - The company aims to optimize its domestic short drama business to enhance project quality and profitability while prioritizing the development of comic dramas and overseas short dramas [1] - In the comic drama sector, the company plans to utilize its IP advantages and AI technology to improve the conversion efficiency of web literature IP into comic dramas, aiming for a multi-dimensional leadership in this field [1] - For overseas short dramas, the company intends to gradually increase the proportion of local productions and enhance paid conversion efficiency, striving to become a leading player in the international short drama market [1]